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Author Archives: Staff Writer

Mortgage Write-Offs Hit a 9-Year Low

In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National Consumer Credit Trends Report.

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Exploring the World of Online Marketplace Lending

The digital age has altered the way consumers and financial institution lenders are doing business, and the emergence of online marketplace lending, particularity in the mortgage space, has provided a medium for transactions to occur between the two from anywhere.

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Does This Advocacy Group Have the TRID Answer?

Moody's Investor's Service gave a seal of approval for the Structured Finance Industry Group's TRID compliance proposal, noting that it is adequate to address compliance risks that are likely to cause losses to residential mortgage-backed securitization (RMBS) trusts despite uncertainties.

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